• Unacceptable neglect of rural health care
  • Sadly familiar enforcement failure
  • Encounter with an advanced capitalist economy
  • Is US becoming a global diplomat instead of a global cop?
  • Smile of a slum kid
  • The spy who came in from Dhaka
  • End of discrimination in rationing system is necessary
  • Fusion brings total confusion
  • Paula shares her experience
  • Fresh foreign investment declines by 16pc
  • Beef, mutton prices go up abnormally
  • Pakistan to scan all NATO containers
  • No corruption ‘explosion’ on my watch: Indian PM
  • Five Tigers to play in SLPL
  • Ascent Corporate Soccer begins
  • Anamul to lead Jr Tigers in ICC U-19 World Cup
  • Dhaka city corpns announce budgets
  • Auto-rickshaw owners in Dhaka, Ctg to go on strike from July 11
  • Robbery, hijacking rampant on Dhaka-Ctg Highway
  • Dhaka likely to join TAPI project to tap C Asian gas
  • Shortage of ferries causes tailbacks at Paturia, Daulatdia
  • Grass-roots AL men fear polls ‘debacle’ if bridge not built
  • Flooding triggers river erosion
  • Shab-e-Barat observed
HOME  BUSINESS

Fresh foreign investment declines by 16pc

Board of Investment executive chairman MA Samad presents World Investment Report 2012 of the United Nations Conference on Trade and Development in Dhaka on Thursday. — New Age photo
Fresh foreign direct investment in the country declined by 16 per cent to $43.18 crore in last year, according to World Investment Report 2012 of the United Nations Conference on Trade and Development. The green field or FDI investment was $51.99 crore in 2010. Full story

Beef, mutton prices go up abnormally

A file photo shows a butcher processing beef at his shop in a kitchen market in Dhaka. The prices of beef and mutton shot up abnormally on different retail markets in the city this past week ending Friday. — New Age photo
The prices of beef and mutton shot up abnormally on different retail markets in the city this past week ending Friday. Garlic and ginger prices also increased sharply over the week. Beef and mutton prices increased by Tk 30 a kg and Tk 50 to Tk 100 a kg... Full story

Inflation accelerates to 10.62pc in FY ’12

The average inflation rate accelerated to 10.62 per cent in the last fiscal year (2011-2012), up from 8.80 per cent estimated during the 2010-2011 fiscal year, according to the Bangladesh Bureau of Statistics. Full story

India fears poor agri output, more inflation woes

A file photo shows a man arranging price tags on the samples of various pulses at a wholesale market in the southern Indian city of Chennai. — Reuters photo
Poor rains in India’s key pulse-producing southern and western states have affected sowing and could trim output in the 2012-13 year that began on July 1, the agriculture minister said on Friday. Lower output of pulses could force India, the world’s largest... Full story

Minister urges exporters to achieve $28b target set for United News of

Commerce minister GM Quader on Thursday urged the exporters to put in their best efforts to achieve the $28 billion export target in the fiscal 2012-13 to minimise the trade gap. Commerce minister GM Quader on... Full story

Hili Land Port earns Tk 10.5cr as travel tax in 6 months

Hili Land Port at Dinajpur earned Tk 10.50 crore as travel tax from 23,795 Bangladesh and Indian tourists in the last six months from January to June. Immigration officer at the port SI Khajamuddin told the news... Full story

ECB, BoE, China central bank leap into action

China, Europe and Britain loosened monetary policy in the space of less than an hour on Thursday, signalling a growing level of alarm about the world economy, although suggestions of coordinated action were played down. Full story

Asian stocks fall despite rate cuts

Asian markets fell Friday as apparently coordinated action by Europe and China to stimulate growth failed to reassure wary investors ahead of US jobs data due later in the day. The slide came as International Monetary... Full story

Euro loses more ground

The euro lost more ground in Asian trade Friday after central banks in Europe and China ushered in rate cuts and fresh easing, while US jobless data came in better than expected. Full story

Tokyo, Osaka bourses’ merger wins approval

A plan to merge Japan’s two biggest stock exchanges has won regulatory approval, the bourses said Thursday, as Tokyo and Osaka team up amid stiff competition from overseas rivals. Full story

Aviva raises £318m from Delta Lloyd shares sale

British insurer Aviva said on Friday it had sold another 21 per cent of shares in Dutch unit Delta Lloyd for £318 million ($493 million, 398 million euros), one day after unveiling a large restructuring. Full story

Oil prices down in Asia

Crude prices slipped in Asia Friday as worries over the global economy were rekindled following interest rate cuts by central banks in Europe and China, analysts said. New York’s main contract, light sweet crude for... Full story


    Saturday, July 7, 2012

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